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maximum loan amount is inadequate to fill the funding gap needed for first time <br />homebuyers, staff will revisit the loan amount. <br />Submitted by: <br />~~--'~~ <br />Steven Bocian <br />Assistant City Manager <br />Fiscal Review: <br />v Culver <br />Director of Finance <br />Approved y: <br />Nel on Fialho <br />City Manager <br />Attachments: <br />1. Proposed Modifications to the Down Payment Assistance Program Guidelines <br />2. Housing Commission Staff Report and Minutes (May 15, 2008) <br />Page 5 of 5 <br />